TKM, which is a joint venture between auto major Toyota and Kirloskar group, will launch the vehicle in May. Yaris, which marks Toyota’s entry into highly competitive mid-sized sedan segment, would compete with the likes of Honda City, Maruti Suzuki Ciaz and Hyundai Verna in the Indian market.

Customers can make their bookings with Rs 50,000 at any of the authorised Toyota dealerships across the country with deliveries beginning from next month, TKM said in a statement.

The manual transmission variants of the sedan are priced between Rs 8.75 lakh and Rs 12.85 lakh while the automatic trims are tagged between Rs 9.95 lakh and Rs 14.07 lakh.